Common use of Establishment of Accounts Clause in Contracts

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 2010-3 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 3 contracts

Samples: Sale and Servicing Agreement, Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-3), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-3)

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Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2010-3 [ ] Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 3 contracts

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102018-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2018-2), Servicing Agreement (Ally Auto Receivables Trust 2018-2)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102022-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2022-1), Servicing Agreement (Ally Auto Receivables Trust 2022-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102024-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2024-1), Servicing Agreement (Ally Auto Receivables Trust 2024-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102022-3 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2022-3), Servicing Agreement (Ally Auto Receivables Trust 2022-3)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102023-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2023-1), Servicing Agreement (Ally Auto Receivables Trust 2023-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 2010-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-2), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-2)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102018-3 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2018-3), Servicing Agreement (Ally Auto Receivables Trust 2018-3)

Establishment of Accounts. (a) (ia)(i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 201020[ ]-3 [ ] Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Assets LLC), Servicing Agreement (Ally Auto Assets LLC)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102019-3 4 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2019-4), Servicing Agreement (Ally Auto Receivables Trust 2019-4)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102018-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2018-1), Servicing Agreement (Ally Auto Receivables Trust 2018-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102022-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2022-2), Servicing Agreement (Ally Auto Receivables Trust 2022-2)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 2010-3 4 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-4), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-4)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 2010-3 5 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-5), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-5)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102019-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2019-1), Servicing Agreement (Ally Auto Receivables Trust 2019-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102019-3 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2019-3), Servicing Agreement (Ally Auto Receivables Trust 2019-3)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 20102019-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2019-2), Servicing Agreement (Ally Auto Receivables Trust 2019-2)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102008-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102007-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-2)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102006-3 2 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)

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Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102007-3 4 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102003-3 1 Collection Account (the "Collection Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capital Auto Receivables Inc)

Establishment of Accounts. (a) (ia)(i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 2010-3 20 - Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Ally Auto Assets LLC)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102001-3 2 Collection Account (the "Collection Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Inc)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102002-3 Collection Account (the "Collection Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capital Auto Receivables Inc)

Establishment of Accounts. (a) (ia)(i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Auto Receivables Trust 2010-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102007-3 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102006-3 1 Collection Account (the "Collection Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2006-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102007-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-1)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102004-3 1 Collection Account (the "Collection Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capital Auto Receivables Inc)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102008-3 1 Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2008-1)

Establishment of Accounts. (a) (ia)(i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2010-3 [ ] Collection Account (the “Collection Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)

Establishment of Accounts. (a) (i) The Servicer, for the benefit of the Financial Parties, shall establish and maintain in the name of the Indenture Trustee an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20102003-3 Collection Account (the "Collection Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Financial Parties.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capital Auto Receivables Inc)

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